Meta Abandons Metaverse
In this episode, we examine Meta's decision to discontinue its massive Metaverse investments, shifting focus towards AI. We discuss the practical implications of this for artificial intelligence, OpenAI, and future tech trends. Chapters 00:00 Meta's Metaverse Investment 02:05 VR's Limited Appeal 06:21 Meta's Financial Losses 11:24 AI: Meta's New Frontier In this episode, we break down Meta's decision to discontinue its ambitious Metaverse project after a colossal $73 billion investment, leading to significant layoffs and the shutdown of several VR game studios. We also explore why the Metaverse failed to gain traction and how Meta is now pivoting its resources and focus towards AI, particularly with the unexpected success of its AI-powered Ray-Ban smart glasses. Chapters 00:00 Meta Ditches Metaverse 02:05 Metaverse Rebrand 05:32 Metaverse Layoffs and Closures 08:10 Meta's Metaverse Failed 13:46 Metaverse Revenue Model Issues 16:49 Meta Shifts to AI Links • Get the top 40+ AI Models for $20 at AI Box: ⁠⁠https://aibox.ai: https://aibox.ai • AI Chat YouTube Channel: https://www.youtube.com/@JaedenSchafer: https://www.youtube.com/@JaedenSchafer • Join my AI Hustle Community: https://www.skool.com/aihustle: https://www.skool.com/aihustle

Jaksot(724)

Runway Raises $315M for AI World Models

Runway Raises $315M for AI World Models

In this episode, we discuss Runway's recent $315 million Series E funding round, which has boosted their valuation to $5.3 billion. We also explore their focus on 'world models' for advanced AI video ...

11 Helmi 13min

Anthropic to Raise $20B at $350B Valuation

Anthropic to Raise $20B at $350B Valuation

In this episode, we explore Anthropic's pursuit of a $20 billion capital raise at a substantial $350 billion valuation and examine the legal challenge they face in India, where a local software compan...

10 Helmi 10min

Amazon's $200B CapEx Spend Dominates AI Race

Amazon's $200B CapEx Spend Dominates AI Race

In this episode, we explore the intense CapEx spending by tech giants like Amazon, Google, and Meta in the AI compute arms race. We also discuss how Amazon's AWS cloud business is outperforming and ex...

8 Helmi 12min

Reddit's AI Answers & Meta's Vibes App

Reddit's AI Answers & Meta's Vibes App

In this episode, we explore how social media giants Reddit and Meta are leveraging AI to reshape user experience and create new revenue streams. We examine Reddit's pivot towards AI-powered search for...

7 Helmi 11min

SpaceX Asks FCC for 1M AI Data Centers in Space

SpaceX Asks FCC for 1M AI Data Centers in Space

In this episode, we discuss SpaceX's audacious plan to launch a million AI data center satellites into orbit, outlining the logistical and economic reasons behind this move. We also explore the recent...

6 Helmi 11min

Anthropic's Opus 4.6 and OpenAI's Codex: New AI Models Compete

Anthropic's Opus 4.6 and OpenAI's Codex: New AI Models Compete

In this episode, we explore Anthropic's new Opus 4.6 and its 'agent teams' feature, alongside OpenAI's competing GPT 5.3 Codex, highlighting the intense rivalry in the AI development space. We also di...

5 Helmi 10min

Lotus Health AI Doctor Raising $35M

Lotus Health AI Doctor Raising $35M

In this episode, we explore Lotus Health AI's innovative approach to healthcare, where an AI doctor provides free consultations and aims to redefine primary care. We also discuss the challenges, poten...

4 Helmi 12min

SpaceX Acquires XAI for $1.25 Trillion

SpaceX Acquires XAI for $1.25 Trillion

In this episode, we explore the monumental acquisition of XAI by SpaceX, creating an unprecedented $1.25 trillion integrated technology company. We discuss the ambitious vision of building AI data cen...

3 Helmi 12min

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